A Demand Curve Is ________ Sloping Because ________

question 53

Multiple Choice

A demand curve is ________ sloping because ________.

• A)downward; of increasing opportunity costs
• B)upward; people prefer to purchase high-quality consumer goods
• C)downward; reservation prices tend to fall over time
• D)downward; fewer people are willing to buy an item at higher prices

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Definitions:

Language-like

Pertaining to systems or behaviors that resemble human language in complexity or structure.

Armadillos

A group of New World placental mammals known for their leathery armor shell.

Chimpanzee

A species of great ape native to the forests and savannahs of tropical Africa, known for its intelligence and complex social behaviors.

Parrot

A type of bird known for its ability to mimic sounds and speech.